Retail investors wade back in

Index inches up after post-interest rate jitters

CHICAGO (CBS.MW) - The S&P Retail Index took a decidedly brighter path in early trading Thursday, moving up 9.64 to 913.77.

Most of the 37 stocks on the Index were in the green, contrasting Wednesday’s very red day. Like other indexes, retail investors seem to be wading back in after absorbing this week’s 50-basis-point interest hike imposed by the Federal Reserve.

Toys R Us Inc. (TOY), one of the few in positive territory Wednesday, was up again. The children’s toys and clothing discounter gained 3.7 percent, or 5/8, to 17 3/8. Pep Boys (PBY), up again too, by 1.8 percent, or 1/8, to 7 1/8.

Staples Corp. (SPLS), after two days of down-trading, rose 2.5 percent, or 7/16, to 7 5/8. Nordstrom Inc. (JWN), also saw much needed gains, up 2.8 percent, or 11/16, to 25 11/16.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.